Lead is in long- medium- short-medium- short- term bull phase .Currently Lead is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Lead is now trading in overbought level. The Lead is now trading in overbought level. The oscillator is showing SELL signal For short term Lead is in HOLD LONG position.Positionally Support for the Lead is 135-133-132-131-.Resistance for the Lead is 139-
Short term and Intraday Level of LEAD
Currently Lead is in HOLD SHORT position The Lead is in downtrend For short term buy only if close above 139.0 The Lead is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 137.4 with a stop at 136.1 Below 135.9 go for sell
Intraday Resistance of LEAD are 137.2 : 137.6 : 142.6 : 145.1 : 148.6 : 152.2 : 154.7 : 157.3
Intraday Support of LEAD are 136.1 : 135.7 : 130.9 : 128.5 : 125.2 : 122 : 119.7 : 117.4
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Lead has had a horrible year and there are still no reasons for the story to change.
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